Futu Holdings (FUTU) Net Margin (2018 - 2026)
Futu Holdings (FUTU) posted Net Margin of 50.7% for Q2 2026, up 247.81% on a QoQ basis from 14.58% in Q1 2026, and up 223.0% year-over-year from 15.7% in Q2 2025.
Analysis
Futu Holdings (FUTU) Net Margin (2018 - 2026) Analysis & Trends
Futu Holdings has reported Net Margin for 9 years, with the latest figure at 50.7% in Q2 2026.
- On a quarterly basis, Net Margin rose 223.0% year-over-year to 50.7% in Q2 2026; TTM through Jun 2026 was 42.91%, a 131.0% decrease from a year earlier, with the FY2025 full-year figure at 47.89%, up 916.0% from the prior year.
- Net Margin was 50.7% for Q2 2026 at Futu Holdings, up from 14.58% in the prior quarter.
- The five-year high for Net Margin was 52.66% in Q4 2025, with the low at 14.58% in Q1 2026.
- Average Net Margin over 5 years is 41.36%, with a median of 41.45% recorded in 2023.
- The sharpest annual moves came in 2023 and 2026: Net Margin jumped 1284 bps in 2023, then sank 3112 bps in 2026.
- Over 5 years, Net Margin stood at 41.69% in 2022, then retreated by 11 bps to 37.01% in 2023, then gained by 14 bps to 42.23% in 2024, then gained by 25 bps to 52.66% in 2025, then fell by 4 bps to 50.7% in 2026.
- The last three Net Margin figures came in at 50.7% (Q2 2026), 14.58% (Q1 2026), and 52.66% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 42.89% |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | 16.46% |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 7.31% |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | 50.70% |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | 21.59% |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 70.69% |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | 12.25% |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | 0.12% |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | -10.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.70% |
| Mar 31, 2026 | 14.58% |
| Dec 31, 2025 | 52.66% |
| Sep 30, 2025 | 50.15% |
| Jun 30, 2025 | 48.47% |
| Mar 31, 2025 | 45.70% |
| Dec 31, 2024 | 42.23% |
| Sep 30, 2024 | 38.30% |
| Jun 30, 2024 | 38.69% |
| Mar 31, 2024 | 40.07% |
| Dec 31, 2023 | 37.01% |
| Sep 30, 2023 | 41.21% |
| Jun 30, 2023 | 45.06% |
| Mar 31, 2023 | 47.68% |
| Dec 31, 2022 | 41.69% |
| Sep 30, 2022 | 38.79% |
| Jun 30, 2022 | 36.74% |
| Mar 31, 2022 | 34.85% |
| Dec 31, 2021 | 31.12% |
| Sep 30, 2021 | 35.54% |